Business
FG to shut down illegal money lenders violating consumer rights
The Federal Competition and Consumer Protection Commission (FCCPC) says the joint committee tackling violation of consumer rights in the money lending industry will shut down illegal businesses.
Babatunde Irukera, the chief executive officer of FCCPC, told NAN in Abuja yesterday.
He said that the committee would commence operation soon.
The joint committee is made up of representatives from FCCPC, the Central Bank of Nigeria (CBN) and the Economic and Financial Crimes Commission (EFCC).
Other agencies participating in the committee are the National Information Technology Development Agency (NITDA) and the National Human Rights Commission (NHRC).
Irukera said that the committee would also be writing provisional regulations for the money lending companies.
Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.
She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others
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